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CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States.
The company operates through two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions.
As of February 28, 2022, it operated approximately 230 used car stores. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.
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Top insights from the latest market news from Friday, April 10, from The Motley Fool analysts on Team Rule Breakers and Team Hidden Gems.
Alpha Omega Wealth Management LLC decreased its stake in shares of CarMax, Inc. (NYSE: KMX) by 29.0% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,172 shares of the company's stock after selling 18,038 shares during the
The move comes after Starboard urged the used-car retailer's new chief executive officer, Keith Barr, to revamp its pricing framework, streamline its digital processes, and cut costs.
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) (“CarMax” or the “Company”), the nation's largest retailer of used cars, today announced that it intends to add William “Bill” Cobb and Jim Kessler as new directors to the Company's Board of Directors (the “Board”), in connection with the Company's 2026 Annual Meeting of Shareholders. “The addition of Bill and Jim brings valuable auto industry and consumer expertise to the Board,” said Tom Folliard, Interim Executive Chair of the Board. “.
Besides Wall Street's top-and-bottom-line estimates for CarMax (KMX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended February 2026.
CarMax, Inc. (NYSE: KMX) will release earnings for its fourth quarter before the opening bell on Tuesday, April 14.
KMX heads into Q4 earnings with falling EPS forecasts as soft used-car demand weigh on expectations.
CarMax (KMX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CarMax (NYSE: KMX - Get Free Report) is projected to issue its Q4 2026 results before the market opens on Tuesday, April 14th. Analysts expect the company to announce earnings of $0.1830 per share and revenue of $5.6518 billion for the quarter. Parties can check the company's upcoming Q4 2026 earning summary page for the latest
Shares of the used-car retailer have fallen 46% in the past 12 months. But a fresh chapter could be at hand thanks to a new CEO and an activist investor.
Stephens raised its price target on CarMax (NYSE: KMX) stock to $43 from $39 while maintaining an Equal Weight rating ahead of the company's April 14 Q4 FY2026 earnings release.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into CarMax, Inc. (NYSE: KMX) (“CarMax” or the “Company”).On September 25, 2025, the Company announced its second quarter Fiscal Year 2026 financial results, disclosing, among other things, that retail unit sales had decreased 5.4%, comparable store unit sales had decreased 6.3.
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the fourth quarter ended February 28, 2026 before the market opens on April 14, 2026, and it will host a conference call with investors at 9:00 a.m. ET to discuss these results. Participants on the call will include Tom Folliard, Interim Executive Chair of the Board, Keith Barr, President and CEO, Enrique Mayor-Mora, Executive Vice President, CFO and Jon Daniels, Executive Vice President, CarMax Auto F.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
NEW YORK and NEW ORLEANS, March 13, 2026 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq.
